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The U.S. has the world's police force, if they wanted to find you, they could. And for renunciation of citizenship, there's a one time liquidation tax where yo
by pashamur 6y ago
The U.S. has the world's police force, if they wanted to find you, they could.
And for renunciation of citizenship, there's a one time liquidation tax where you pay taxes on all of your gains (so Bezos would have to pay a flat ~20% on his Amazon holdings to renounce). So the U.S. is the only country in the world that could get away with a global wealth tax on their citizens (they already tax Americans' incomes irrespective of country).